secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN VANGUARD CORP (AVD)
CIK:        0000005981
Form:       8-K
Filed at:   2026-10-01T10:50:06+00:00
Accession:  0001193125-26-409777
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

American Vanguard appoints Matthew Horwath CFO; David Johnson moves to Chief Accounting Officer
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- New CFO Matthew Horwath receives $450,000 base salary, 60% target bonus, 150,000 stock options and 100,000 restricted shares vesting evenly over three years
- Horwath also gets a $6,667 monthly relocation bonus and $10,000 monthly travel allowance, each paid over 15 months
- David Johnson ceased as CFO and became Chief Accounting Officer, serving through the FY2026 10-K (expected March 2027) and in a non-executive role until Sept 30, 2027
- Johnson's transition agreement sets base salary of $20,834 per month and severance of 1.5x salary plus average cash incentive, 18 months health coverage and up to $10,000 outplacement
- Horwath was previously CFO at Kustom US and FARO Technologies (Nasdaq: FARO), which AMETEK acquired in July 2025; he is a CPA and ex-Ernst & Young audit manager

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/5981/000119312526409777/0001193125-26-409777-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/5981/000119312526409777/d197526d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-409777

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